Binance CEO says wallet security center prevented $540M in potential losses in H1

Binance CEO Richard Teng said on X that Binance Wallet’s security center prevented about $540 million in potential user losses in the first half of 2026. Teng added that security is one of the most important factors in building trust in crypto, and as AI makes attack methods more sophisticated, taking a few extra seconds to verify and review can make a big difference.